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SECTOR ETFVNQXLREBULLISHCore thesis · 5/5

No single ticker was named. Real estate ETFs are one way for retail investors to get exposure. Not a recommendation.

REITs at historic discount, driven by supply/demand

The bull case for REITs: they are trading at the cheapest level relative to the S&P 500 in history, with a supply crunch and M&A arbitrage creating a multi-year opportunity.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
REITs at historic discount, driven by supply/demand · Zortix